Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Strip malls
871 Ridgewalk Pkwy Woodstock, GA 30188-4930
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-3666399
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2015
Construction
WOOD
Total area
9,952 SF
Lot
1.13 ac (49,223 SF)
Zoning code
LI
APN
15N17 001 R
UPID
US22-3666399
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.46M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.40M
Owner & transaction history
Smart Growth Resources LLC · 7 yrs held
Smart Growth Resources LLC
since 2018
1 recorded transaction
Zoning & alternative use
LI · Woodstock, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to Light industrial operations, limited to business parks and warehouses, but prohibiting residential uses Limited manufacturing establishments that do not use large quantities of water or emit excessive noise, odors, dust, vibrations, or fumes may be permitted
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
302.82 ac
Source
Realmo
Top alternative use upside
Medical building
$3.7M
+16.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Woodstock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodstock submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,665,000
6.5%
$2,460,000
7%
$2,285,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,165,000
Current use
MEDICAL BUILDING
$3,690,000
Change: +17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,800,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$2.40M
Range $2.16M – $2.64M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$241 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$30,844
Tax year 2023
Assessed value
$1,063,880
Assessed 2023
Previous assessed
$1,063,880
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$590,640
Assessed improvement
$473,240
Land market value
$1,476,600
Improvement market value
$1,183,100
Total market value
$2,659,700
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2015
Construction
WOOD
Heating
YES
Cooling
YES
Total area
9,952 SF
Lot
1.13 ac (49,223 SF)
Zoning code
LI
APN
15N17 001 R
UPID
US22-3666399
Jurisdiction
CHEROKEE
Zoning & alternative use
LI · Woodstock, GAZoning LI · permitted uses
LI · Woodstock, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended to Light industrial operations, limited to business parks and warehouses, but prohibiting residential uses Limited manufacturing establishments that do not use large quantities of water or emit excessive noise, odors, dust, vibrations, or fumes may be permitted
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
302.82 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
1.13 ac
Current owner
From public records · entity-resolved
Smart Growth Resources LLC
Entity
Mailing address
343 NW COLE TER STE #201, LAKE CITY, FL 32055-7294
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2018
—
Smart Growth Resources LLC
—
Grant Deed
related
$40,000,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 871 Ridgewalk Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
